Some of the largest packaged goods and retail firms increased their use of recycled plastic in 2019, but they have work to do to hit 2025 targets, according to an Ellen MacArthur Foundation update.
Some of the largest packaged goods and retail firms increased their use of recycled plastic in 2019, but they have work to do to hit 2025 targets, according to an Ellen MacArthur Foundation update.
PepsiCo spent about $200 million of its “Green Bond” to purchase recycled PET plastic over the past few years, according to the company.
Recycled-content commitments by consumer packaged goods companies and fashion brands have driven demand for recycled polyethylene terephthalate (RPET) to a level that exceeds available supply.
The price of natural high-density polyethylene (HDPE) bales surpassed 61 cents per pound for the first time. Meanwhile, the average mixed-paper price notched upward by several dollars.
Verity, a startup making packaging for personal care products, is producing curbside-recyclable aluminum options in lieu of hard-to-recycle plastic.
Experts with the U.S. EPA say there are a number of potential outcomes from upcoming shifts in global rules governing scrap plastic shipments. Under one possibility, trade in scrap plastic will no longer be allowed between the U.S. and most other countries.
Supply and demand realities for key curbside materials are evolving fast, impacted by the coronavirus pandemic, domestic processing capacity increases and other key trends, according to two experts. Continue Reading
Recycled plastic pellets are facing greater scrutiny upon import into China, international recycling stakeholders recently reported. Meanwhile, Hong Kong moved to incorporate upcoming global regulatory changes in the plastic waste trade into its domestic legal framework. Continue Reading
After announcing a plan early this year to buy a massive volume of recycled resin in the coming years, Nestlé has begun investing in the U.S. to support that goal.
Improper management of scrap plastics in Southeast Asia and elsewhere has increased sharply in the wake of China’s National Sword policy, according to international law enforcement body Interpol.